Nelnet files quarterly bank call report with FDIC for subsidiary Nelnet Bank

Published 30/10/2025, 14:14
Nelnet files quarterly bank call report with FDIC for subsidiary Nelnet Bank

Nelnet Inc. (NYSE:NNI) announced Wednesday that its wholly owned subsidiary, Nelnet Bank, has filed its Consolidated Reports of Condition and Income, known as the Call Report, for the quarter ended September 30, 2025. The filing was made with the Federal Deposit Insurance Corporation (FDIC).

The report, submitted under FFIEC 051 for banks with domestic offices only and total assets less than $5 billion, provides financial condition and income data for Nelnet Bank for the recent quarter. The publicly available portions of the Call Report can be accessed on the FDIC’s website.

Nelnet stated that the information disclosed in the filing is not deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference into any other filings, unless specifically noted.

This information is based on a press release statement and a filing with the Securities and Exchange Commission.

In other recent news, Nelnet, Inc. has announced several significant developments. Nelnet disclosed its agreement to acquire Finastra’s Canadian student loan servicing business through its subsidiary, Nelnet Canada, Inc. This transaction, expected to close in the first quarter of 2026, will expand Nelnet’s management to include services for 2.4 million borrowers. Additionally, Nelnet reported a partial redemption of its equity investment in a third-party technology company, resulting in $10 million in cash proceeds and an anticipated pre-tax gain of about $8 million. The company also expects to record an estimated pre-tax gain of $22 million in the third quarter of 2025 due to the updated transaction value from an August 2025 equity raise. Moreover, Nelnet’s subsidiary, Nelnet Bank, filed its quarterly call report with the FDIC for June 2025, providing a detailed snapshot of its financial condition. This report is accessible on the FDIC’s website, offering insight into Nelnet Bank’s financial health as of the end of the second quarter. These developments reflect Nelnet’s strategic financial maneuvers and regulatory compliance in recent months.

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